On December 31, 2003, the Ministry of Finance issued General Circular No. 37/2003, announcing a three-month extension of the Simplified Exit Scheme, effective from January 1, 2004. This decision follows numerous requests for an extension.This circular builds on previous notifications from 2003 related to the Simplified Exit Scheme, aimed at facilitating the exit process for companies.
General Circular No. 37/2003
No.17/78/2001-CL.V
Government of India
Ministry of Finance
Department of Company Affairs
Shastri Bhavan, New Delhi.
Dated: 31.12.2003
To,
All Regional Directors
All Registrar of Companies
Subject:- Simplified Exit Scheme
…
Sir,
The undersigned is directed to refer to General Circular No.13/2003 dated 25.3.2003, General Circular No.15/2003 dated 9.4.2003,General Circular No.16/2003 dated 17.4.2003, General Circular No.17/2003 dated 22.4.2003, General Circular No.27/2003 dated 7.10.2003 and General Circular No: 33/2003 dated 14.11.2003 of this Department regarding Simplified Exit Scheme.
2. The Department received a number of representations for extension of the scheme which have been considered. It has been decided to extend the scheme by a further period of three months with effect from 1.1.2004.
Yours faithfully,
(L.M. Gupta)
Director, Inspection and Investigation
(Tel:2338 9602)
